Las Vegas Sands Corp.

Las Vegas Sands Corp.

LVSยทNYSE

$50.86

-0.68%
Consumer CyclicalGambling, Resorts & Casinos

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

At a Glance

Live Snapshot
Market Cap$33.70B
EPS2.3500
P/E Ratio21.64
Earnings Date07/22/2026
Las Vegas Sands Corp.

Las Vegas Sands Corp. Fair Value Envelope

LVS ยท NYSE

Our analysis suggests that LVS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $50.86, this represents a potential HIDDEN relative to our calculated worth for Las Vegas Sands Corp..

Intrinsic Value
Current Price: $50.86

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$84.8B
+ Cash & Equivalents$3.8B
Firm Value$88.6B
- Debt$16.1B
Equity Value$72.5B
/ Shares Outstanding676,144,371B
DCF Value$107
UNDERVALUED BY 111%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$3.3B
$3.6B
$4.0B
$4.4B
$4.8B
$5.2B
$5.7B
$6.3B
$6.9B
$7.6B
Maintenance CapEx
-$272.5M
-$298.7M
-$327.3M
-$358.8M
-$393.3M
-$431.0M
-$472.4M
-$517.8M
-$567.6M
-$622.1M
Owner Earnings
$3.0B
$3.3B
$3.7B
$4.0B
$4.4B
$4.8B
$5.3B
$5.8B
$6.3B
$6.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.8B
$2.9B
$2.9B
$2.9B
$3.0B
$3.0B
$3.1B
$3.1B
$3.2B
$3.2B
Terminal Value represents 64.5% of Enterprise Value